News

Further
to the news release dated December 18, 2006 the Company wishes to advise
that the non-brokered private placement is amended as follows:

December
19, 2006, Vancouver, BC -- El Niņo Ventures Inc. ("El Niņo")
(TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) announces a non-brokered
private placement of up to 364,000 flow-through units, at a price of $0.55
per flow-through unit, for gross proceeds of up to $200,200. Each
flow-through unit will consist of one flow-through common share and one
common share purchase warrant (the "Warrant"). Each
Warrant entitles the holder to purchase an additional non flow-through
common share at a price of $0.65 for a period of 12 months from closing.

A
finder's fee of up to 7% may be paid.

The
proceeds of the private placement will be used to satisfy the Company's
exploration commitment for the Bathurst Zinc / Base Metals Mining Camp in
New Brunswick.

The
foregoing is subject to regulatory approval.

About
El Niņo

El
Niņo is an exploration stage company in the midst of a 23,500 meter drill
program on the Bathurst Zinc/Base Metals Mining Camp. This is the first
part of a 50,000 meter drill program that began in Oct 2006 and will
continue on until March 2008. This financing will fortify that El Nino's
commitment of $ 5 million will be met, as stipulated in the
Option/Joint Venture Agreement signed with Xstrata Zinc Canada in May
2006.

On
Behalf of the Board of Directors,

"Jean Luc Roy"

Jean
Luc Roy

President
& COO

The
TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release

CUSIP#
28335E-10-6

This
news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements
of historical fact, included herein are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the British Columbia
Securities Commission and the United States Securities & Exchange
Commission. This email should not be construed as an offer to buy or
sell securities of this company.